Last month I wrote about the strange phenomenon of global private equity (PE) firms buying up family-run insurance brokers in the market towns of Ireland. This is new. Yes, Ireland has opened up to international capital in recent times. But, up to now, PE investors have concerned themselves with big deals for big companies.  This is part of a global trend. PE is on the march. From its origins in the 1980s, PE grew to have $1.6 trillion in assets under management by 2010, and $5.8 trillion by 2020, according to McKinsey.  To get from $1.6 trillion in assets to $5.6 trillion…

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